The bowl season is here and with 42 college football bowl games scheduled through Jan. 9th, betting on bowl games this time of year is as popular (with bettors) as deciding who to scratch off of that dreaded Christmas list.
While plenty of head coaches have landed new jobs and many college football players bet their futures on the transfer portal, bettors everywhere are prepping to bet on a bowl game, or two, in the coming weeks.
But you don't need to start sweating not knowing what "betting against the spread" means, or buying your socially awkward uncle another awful sweater, because you're in the right place, if new to college football betting and looking for 'action' right now.
So, here's a short glossary on 'How To Bet On College Football', which is important for bettors of all levels - whether you're making your first college football bet or a sharp bettor ready to work over a betting line.
(Note: I will also provide some free betting tips throughout this article on 'How To Bet On College Football'. If applied correctly, the betting tips might help you win a few bets during the 2022-23 bowl season.)
Against the Spread: Betting against the spread is the most popular way to bet on college football. For example, let's say Georgia (-6.5) is favorite against Ohio State. If you bet on Georgia, in this case, the Bulldogs would have to win the game by 7 points or more for you to win your bet. On the contrary, a bet on the underdog (Ohio State) would require they win the game and/or lose by 6 points or less for you to cash your bet.
Betting the Moneyline: Also quite popular with college football bettors, winning a moneyline bet requires picking the team that will win the game. For example, let's assume Clemson is (-145) to beat Tennessee in the Orange Bowl. If you think a moneyline bet on Clemson is the way to go, you have to risk $145 to win $245 (based on a $100 bet). But if you think Tennessee, the underdog in this spot, is going to beat Clemson, you can bet $100 on the underdog Vols. A win would return $245 (based on a $100 bet).
Betting Tips: 1.) There is a former NFL player coaching his alma mater in a bowl game in the same city where he played for much of his pro career. 2.) A color scheme in a bowl game being played in Miami, Florida could easily help you determine the winner of Clemson vs. Tennessee. 3.) There is a hidden, but useful, hint in the sponsor title of a particular bowl game this year. 4.) Extra homework on Mississippi State vs. Illinois could put extra money in your pocket this holiday season. Hint: Even a novice college football bettor should figure this one out.
Straight 💰: QB Stetson Bennett puffs on a cigar after leading Georgia to a win in last season's national championship game. (Photo Courtesy: Getty Images).
Betting Totals (Over/Under): Don't have a strong opinion on USC or Tulane winning the bowl game? If so, you can bet on the 'Total' combined points both teams will score in the bowl game. So, again, let's assume the total over/under for this particular game is (65). If you bet the 'Under', both teams need to score 64 points or less to collect your bet. If you bet the 'Over', both teams will need to score a total amount of 66 points or more.
Parlays: A parlay is a bet that involves more than one college football game. A parlay can include a combo of moneyline, point spread and/or total. For example: You can put Ohio State (+6.5), Clemson (-145) and Michigan (-7.5) on one single betting ticket.
Teasers: Similar to a 'Parlay', a 'Teaser' is a multiple team bet against the spread or the total, while the bettor sacrifices potential bet earnings for more favorable spreads (using 6, 6.5 or 7 points. For example, let's use a three-team 'Teaser' applying +6 points to Mississippi State (-2), Louisville (-1), and Michigan (-7.5) - all college football teams participating in the 2022-23 bowl season. The change of spreads (+6) would reflect in Mississippi State (+4), Louisville (+5), and Michigan (-2 5). While you can also apply a Teaser to a Total, your potential payout can be less than expected because you're getting favorable spreads. (Note: You can use teasers when betting on the total of a college football game.)
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